---
title: 'Outside The Yellow: A Review of Leasing Activity Over the Last 12 Months'
author: David
date: '2018-04-12'
slug: outside-the-yellow-a-review-of-leasing-activity-over-the-last-12-months
categories:
- leasing activity
- Peer Analysis
tags:
- leasing activity
- Competior Analysis
---
Data Sources and Methodology
Compiled all lease level activity for the prior twelve months using DrillingInfo.
Analyzed leases documents, memos of leases, extensions and lease amendments in order to identify trends in company leasing activity.
Highlights
Continental Resources is expanding its position in the Northern Midland Basin which they began acquiring in late 2016.
Activity in the fourth quarter and first quarter of 2018 has been concentrated in Southeast Gaines County, where the bulk of their acreage is offsetting Murphy’s in Dawson County.
The company has also recently permitted two horizontal wells on its Northern Delaware position in New Mexico.
After selling out to Parsley, Double Eagle is back at it with leases filed in the Southern Delaware, Central Basin Platform and Midland Basin.
A scatter shot of leases have been filed in the San Andres play around Seminole and also in the Eastern Midland Basin in Scurry County.
The company’s Scurry County acreage is offsetting private operator King Operating.
In the fourth quarter, Double Eagle began acquiring leases in Northeast Martin County under DE Midland III.
Multiple operators filed leases around North Harpoon during the first quarter of 2018.
Double Eagle filed a lease within North Harpoon on 160 acres.
Devon Energy had multiple lease filings in Brewster County near Apache’s Alpine High play during the third quarter.
In 2017, the company drilled a single vertical wildcat on its acreage however, there has been no activity since then.
Use the map to filter by date, company and instrument type.